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there are two parts of this accounting and ITS so you need to choose one option of each topic. which means accounting one option and ITS one option and i will attach the questions and the templets thanks
option_week_4_.docx

act300_critical_thinking_template_option_02_module_04.xlsx

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act300_critical_thinking_template_option_01_module_04.xlsx

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Option #1: Using the Four Inventory Costing Methods Scenario 1
The following sales and purchases of the same product were made during 20×1 at Yang
Corporation. The opening inventory consisted of 50 units at $2 each.
Purchases
Sales
Date Units $ per unit
Date Units Unit $Price
Total
March 15
200 3
April 25
250* 5
June 15
600 5
June 30
500** 6
*for specific identification, sold 50 units of opening inventory and 200 units of March 15
purchase
**for specific identification, sold 500 units of June 15 purchase
Requirements:
Calculate cost of goods sold and the cost of ending inventory under FIFO, LIFO, specific
identification, and weighted average inventory cost flow assumptions. Use the student
template #1
Prepare calculations comparing the effect on profit of the three inventory cost flow
assumptions.
The president wants to maximize the company’s net income this year. Write a memo to your
immediate supervisor suggesting which inventory method is recommended in accordance with
Generally Accepted Accounting Principles (GAAP). Give reasons to support your
recommendation.
Your memo should be at least one page and must include the title and reference pages. In
addition, your paper must be formatted according to the CSU-Global Guide to Writing & APA.
Submit Part 1 in the provided spreadsheet. Submit Parts 2 and 3 in one Word document.
Each assignment must include a title page and reference page. Review the grading rubric to
understand how you will be graded on this assignment. Reach out to your instructor if you have
questions about the assignment.
Option #2: Using the Four Inventory Costing Methods Scenario 2
Microprints Inc. had the following transactions for the month of August 20X1
Aug. 2 Sold merchandise on account for $25,000; terms 2/10, n/30, FOB shipping point, freight
collect.
18
Received payment for the sale of August 2.
20
A total of $1,000 of the merchandise sold on August 2 was returned, and a full refund
was made because it was the wrong merchandise.
28
An allowance of $1,300 was granted on the sale from August 2 because some
merchandise was damaged; $1,300 cash was returned to the customer.
Ashley Company engaged in the following transactions in August 20×1:
Aug. 4 Purchased merchandise on account at a cost of $ 14,000; terms 2/10, n/30, FOB shipping
point, freight collect.
6
Paid freight of $200 on the purchase of August 4.
10
Sold goods for $10,000; terms 2/10, n/30.
12
Returned to the vendor, $2,400 worth of the merchandise purchased on August 4.
14
Paid the amount due on the purchase of August 4.
Requirement:
Prepare journal entries for both Microprints and Ashley transactions assuming:
Periodic system.
Perpetual system.
Your client has asked for advice on whether to use the perpetual or periodic inventory system.
Recommend an inventory system giving reasons why it is best for your client.
Your response to Part 2 should be at least one page and must include the title and reference
pages. In addition, your paper must be formatted according to the CSU-Global Guide to Writing
& APA.
Review the grading rubric to understand how you will be graded on this assignment. Reach out
to your instructor if you have questions about the assignment.
ITS315
Option #1: Create and Secure a Wireless Network
Complete the following LabSim lab simulations:
10.3.4 Create a Wireless Network
10.3.5 Secure a Wireless Network
Each lab simulation will be graded automatically on a percent basis (100 possible
points), which your instructor will convert to 25 points and enter on the Module 4 Critical
Thinking grading rubric. Note that you can re-work each graded lab simulation as many times as
you like, so if you repeat each simulation until you get a score of 100%, you can earn a perfect
score on every Critical Thinking Assignment.
When you have finished both LabSim Simulations assigned for this Critical Thinking
Assignment, take a screenshot of the final screen of each Simulation to certify that you have
completed all tasks. Then, paste the screen images into a Word document with your name,
date, school name, section, course name, and instructor name and submit for credit.
After completing the simulations and reviewing material in the texts, discuss the
differences between a home and corporate wireless installation and differences in securing
each. Remember to explain the reasoning for the differences, if any.
Your paper should be 3-5 pages in length and conform to the CSU-Global Guide to
Writing and APA Requirements.
Include at least two scholarly references in addition to the course textbook. The CSUGlobal Library is a good place to find these references.
Note: Internet Explorer or Mozilla Firefox required for LabSim assignments. For more
information and steps on how to access LabSim with Google Chrome, click here.
Option #2: The Process of Securing a Wireless Network
Complete the following LabSim lab simulations:
10.3.4 Create a Wireless Network
10.3.5 Secure a Wireless Network
Each lab simulation will be graded automatically on a percent basis (100 possible
points), which your instructor will convert to 25 points and enter on the Module 4 Critical
Thinking grading rubric. Note that you can re-work each graded lab simulation as many times as
you like, so if you repeat each simulation until you get a score of 100%, you can earn a perfect
score on every Critical Thinking Assignment.
When you have finished both LabSim Simulations assigned for this Critical Thinking
Assignment, take a screenshot of the final screen of each Simulation to certify that you have
completed all tasks. Then, paste the screen images into a Word document with your name,
date, school name, section, course name, and instructor name and submit for credit.
After completing the simulations and reviewing material in the texts, discuss the process
of securing a wireless network. Remember to include information about firewall, IP addressing,
DMZ, and port enabling.
Your paper should be 3-5 pages in length and conform to the CSU-Global Guide to
Writing and APA Requirements.
Include at least two scholarly references in addition to the course textbook. The CSUGlobal Library is a good place to find these references.
ACT300 Principles of Accounting I
Module 4: Critical Thinking Template Option #2
Microprints Inc.
Journal entries
PERIODIC SYSTEM
Debit
Credit
PERPETUAL SYSTEM
Debit
2-Aug a)
b)
18-Aug
20-Aug a)
b)
28-Aug
Ashley Company
Journal Entries
PERIODIC SYSTEM
Debit
4-Aug
6-Aug
10-Aug a)
b)
12-Aug
Credit
PERPETUAL SYSTEM
Debit
14-Aug
PERPETUAL SYSTEM
Credit
PERPETUAL SYSTEM
Credit
ACT300 Principles of Accounting I
Module 4: Critical Thinking Template Option #1
Date
Units
Purchased
Unit Cost
Units
Purchased
Unit Cost
Units
Purchased
Unit Cost
Units
Purchased
Unit Cost
Total
Units
Sold
Unit price
Units
Sold
Unit price
Units
Sold
Unit price
Units
Sold
Unit price
Total
Balance in invento
Units
Total
Balance in invento
Units
Total
Balance in invento
Units
Total
Balance in invento
Units
FIFO
Beginning
25-Mar
25-Apr
15-Jun
30-Jun
Date
Total
LIFO
Beginning
25-Mar
25-Apr
15-Jun
30-Jun
Date
Total
Weighted Average
Beginning
25-Mar
25-Apr
15-Jun
30-Jun
Date
Specific Identification
Beginning
25-Mar
25-Apr
15-Jun
30-Jun
Total
Balance in inventory
Unit cost
Total
Balance in inventory
Unit cost
Total
Balance in inventory
Unit cost
Total
Balance in inventory
Unit cost
Total

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